Accountancy, asked by sreejalsingh180, 10 months ago

briefly discuss about the features of spot market and forward market

Answers

Answered by singhsimran3774

1

Answer:

This rate is settled now but actual transaction of foreign exchange takes place in future. The forward rate is quoted at a premium or discount over the spot rate. Forward Market for foreign exchange covers transactions which occur at a future date. Forward exchange rate helps both the parties involved.

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